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Qwest Sets Its Sights Anew on MCI

By

Almar Latour and

Shawn Young Staff Reporters of THE WALL STREET JOURNAL

Updated Feb. 22, 2005 12:01 a.m. ET

Qwest Communications International Inc., stepping up efforts to overturn Verizon Communications Inc.'s agreement to acquire MCI Inc. for $6.75 billion, is expected to launch a revised offer for MCI this week, people familiar with the situation say.

Qwest has complained that its earlier approaches to MCI, an informal offer and a formal bid, weren't treated properly by MCI, which rejected the Qwest offers and instead agreed to...